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US President Trump predicts major economic rebound in coming months

US President Trump predicts major economic rebound in coming months 1

US President Donald Trump tried to dispel economic gloom, saying he is anticipating a major rebound in the coming months and a spectacular 2021.

While economists are warning of serious long-term damage as the country plunges into recession because of the coronavirus, Mr Trump is predicting a strong fourth quarter thanks to pent-up demand.

Talking to reporters in the Oval Office of the White House in Washington during a meeting with New Jersey Governor Phil Murphy, the US President said, America can actually surpass where they were.

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